Funding you earn now, next payment 06:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h −0.247%
Price spread now: Variational Omni against Lighter−1.222%7-day average −0.315% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.339%−$34 on $10k
+Price spread, last 4 days (all we have)+1.409%+$141 · spread now −1.222%, 7d avg −0.315%
=Together, before fees+1.069%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$107 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.907% cheaper against Lighter than usual: you would sell low and buy high (−$91 if the spread goes back to its 7-day average of −0.315%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MEGA | 0.04565 | 0.0376 | pay 0.0047% / 1h | 17m 59s | $622K | $366K | 3x |
| Short | Variational Omni MEGA | 0.04509 | 0.0100 | get 0.0050% / 4h | 2h 17m | $318K | $226K | — |
Lighter MEGA
Variational Omni MEGAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$57.96
- Price spread: −1.222% → −0.315%
- −$90.68
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$148.64
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 23 min ago; Variational Omni: RFQ quote, 31 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 23 min ago | 23.33 bp | 58.7 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 5.53 bp | doesn't fit | 131.6 bp −$1,316 | doesn't fit | doesn't fit |
MEGA on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0048% | 1h | 0.04589 | +0.537% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0032% | 4h | 0.04544 | −0.460% | $3.5M | $5.9M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04546 | −0.416% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0053% | 1h | 0.04548 | −0.383% | $196K | $142K | 2x | as long as short |
| BloFin MEGA-USDT | +0.0094% | 4h | 0.04526 | −0.854% | $199K | $93K | 50x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04544 | −0.450% | $19K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04540 | −0.543% | $14K | $10K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04545 | −0.438% | $4.0M | $13.8M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04543 | −0.482% | $920K | $3.2M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04490 | −1.643% | $133K | $111 | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
BloFin MEGA-USDT
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04546 | −0.416% | $204K | $333K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04545 | −0.438% | $812K | $400K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04543 | −0.482% | $230K | $120K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04545 | −0.438% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04543 | −0.482% | — | $1.7M | — | as long as short |
| Variational Omni MEGAshort | +0.0100% | 4h | 0.04509 | −1.222% | $318K | $226K | — | |
| GRVT MEGA_USDT_Perp | +0.0100% | 4h | 0.04491 | −1.621% | $20K | $1.9M | 10x | as long as short |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04492 | −1.599% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04545 | −0.438% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04545 | −0.438% | $1K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04545 | −0.442% | $128K | $431K | 5x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0110% | 1h | 0.04548 | −0.372% | $18K | $57K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04547 | −0.399% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04526 | −0.854% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04545 | −0.438% | $3K | — | 45x | as long as short |
| Lighter MEGAlong | +0.0376% | 1h | 0.04565 | long leg | $622K | $366K | 3x | |
| Hyperliquid MEGA | +0.0399% | 1h | 0.04553 | −0.274% | $7.9M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0938% | 1h | 0.04552 | −0.291% | $110 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
GRVT MEGA_USDT_Perp
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Backpack MEGA_USDC_PERP
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL